On 25 Fenruary, Summit Midstream Partners, LP (NYSE:SMLP) announced that it has entered into an agreement with a wholly owned subsidiary of Summit Midstream Partners, LLC (“Summit Investments”), to acquire all of the issued and outstanding membership interests of Summit Utica, Meadowlark Midstream, and Tioga Midstream. In addition, SMLP will acquire Summit Investments’ 40.0% equity interest in each of Ohio Gathering and Ohio Condensate.
Summit Midstream Partners, LP (NYSE:SMLP) belongs to Basic Materials sector. Its net profit margin is -4.50% and weekly performance is -18.80%. On last trading day company shares ended up at $12.61. Summit Midstream Partners, LP (NYSE:SMLP) distance from 50-day simple moving average (SMA50) is -22.48%.
On 26 February, Scorpio Bulkers Inc. (NYSE:SALT) announced that it has agreed in principle with its lenders to (i) amend the minimum liquidity covenant under all its credit facilities and (ii) reduce future principal repayments under its credit facilities. In addition, the Company also agreed in principle to delay scheduled vessel deliveries and terminated the time charter contracts for four vessels.
Scorpio Bulkers Inc. (NYSE:SALT) shares increased 18.00% in last trading session and ended the day at $2.36. SALT Gross Margin is 72.20% and its return on assets is -19.20%. Scorpio Bulkers Inc. (NYSE:SALT) quarterly performance is -77.13%.
On 26 February, Catalyst Pharmaceuticals, Inc. (NASDAQ:CPRX) announced the appointment of Brian Elsbernd as Senior Vice President of Legal and Compliance, reporting directly to Patrick J. McEnany, chairman and CEO. Mr. Elsbernd’s primary responsibility will be leading the development, management and monitoring of compliance strategy, philosophy and processes, as well as corporate quality.
On 26 February, Catalyst Pharmaceuticals, Inc. (NASDAQ:CPRX) shares increased 0.96% and was closed at $1.05. Catalyst Pharmaceuticals, Inc. (NASDAQ:CPRX) year to date (YTD) performance is -57.14%.
On 24 February, The Home Depot, Inc. (NYSE:HD) announced that Kevin Hofmann, senior vice president and president, Online will present at the Raymond James 37th Annual Institutional Investors Conference in Orlando, Florida. The presentation will begin at 8:05 a.m. ET on March 8, 2016.
The Home Depot, Inc. (NYSE:HD) ended the last trading day at $126.26. Company weekly volatility is calculated as 2.08% and price to cash ratio as 52.66. The Home Depot, Inc. (NYSE:HD) showed a weekly performance of 3.76%.
On 18 February, EastGroup Properties Inc. (NYSE:EGP) announced the sale of its Northwest Point Distribution and Service Centers in Houston, on February 12, 2016. The sale of the properties, which contain 232,000 square feet, generated gross sales proceeds of approximately $15.6 million. The Company expects to record a gain on the sale in the first quarter of 2016.
EastGroup Properties Inc. (NYSE:EGP) shares fell -0.57% in last trading session and ended the day at $54.50. EGP Gross Margin is 71.30% and its return on assets is 3.00%. EastGroup Properties Inc. (NYSE:EGP) quarterly performance is -5.00%.